Wonder Bread maker files bankrupcy
Sep. 22nd, 2004 10:00 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
yesthattomInterstate Bakeries, hit by accounting and low-carb woes, seeks Chapter 11 protection.Wonder Bread is the worst thing our children can eat. Let’s hope they don’t recover.NEW YORK (CNN/Money) - Interstate Bakeries, maker of Wonder Bread and Twinkies, filed for bankruptcy court protection early Wednesday. The company, which operates 57 bakeries throughout the United States and employs more than 33,000 people, listed assets of $1.6 billion and liabilities of $1.3 billion. It filed under Chapter 11 of the U.S. Bankruptcy Code, and said it intends to continue normal operations.
http://money.cnn.com/2004/09/22/news/fortune500/interstate_bankruptcy/index.htm?cnn=yes for the full story.
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Date: 2004-09-22 07:22 am (UTC)I agree about Wonder Bread, tho.
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Date: 2004-09-22 08:56 am (UTC)no subject
Date: 2004-09-22 09:20 am (UTC)no subject
Date: 2004-09-22 08:01 am (UTC)-Pam
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Date: 2004-09-22 08:38 am (UTC)no subject
Date: 2004-09-22 10:50 am (UTC)no subject
Date: 2004-09-22 06:16 pm (UTC)I admit I prefer wheat, but I ate a lot of WB as a kid.
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Date: 2004-09-22 06:59 pm (UTC)